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Hagerstown, MD Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Hagerstown, MD. Based on 50+ datapoints.

Hagerstown, MD Long-Term Rental Investment Snapshot

Based on 50+ long-term rental datapoints

Median Cap Rate

4.1%

Avg Cash on Cash

-10.7%

Median Cashflow

-$645/mo

Avg Rent Estimate

$2,013/mo

Avg Price

$337,837

Price Range

$157,600 - $524,900

Rent to Price

0.6%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Hagerstown, MD

Hagerstown, MD is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 50+ analyzed properties, the median monthly cashflow in Hagerstown, MD is -$645 with average rents of $2,013/month. Properties range from $157,600 to $524,900, offering entry points across multiple investment budgets.

14054 Sweet Vale Dr, Hagerstown, MD 21742

Price

$318,500

Rent

$2,032

CachFlow

-$524

CoC

-9.4

Full Analysis

18323 Petworth Cir, Hagerstown, MD 21740

Price

$447,800

Rent

$2,519

CachFlow

-$1,087

CoC

-13.87

Full Analysis

1411 Potomac Ave, Hagerstown, MD 21742

Price

$294,500

Rent

$1,918

CachFlow

-$701

CoC

-13.6

Full Analysis

35 E Irvin Ave, Hagerstown, MD 21742

Price

$333,200

Rent

$1,968

CachFlow

-$863

CoC

-14.8

Full Analysis

224 E Irvin Ave, Hagerstown, MD 21742

Price

$336,400

Rent

$2,057

CachFlow

-$695

CoC

-11.81

Full Analysis
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Hagerstown, MD Rental Market Insights

  • Median cashflow is -$645/month — careful deal selection is essential here
  • 4.1% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Hagerstown, MD requires selective property picks
  • Mid-to-upper tier market with properties from $157,600 to $524,900
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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